Home has finished basement w/out egress that would add about 1000 sq ft living space and additional bedroom but only 1/2 can be counted.

@Joel Owens I will double-check about the prepayment penalty.

However, most people seem to gravitate to the kitchen counter because it has the right height, and being the center of traffic, no one wants to charge their devices using the outlet in the spare bedroom or the hallway because they can't hear the ding when they have a new text or email.

For me to find a double wide 3/2 in my area, if its around 10-15k it's going to need that much in repairs.

Basically rampant mortgage fraud creates mini bubbles that immediately pop.

I do a lot of double [sometimes triple] closings and other creative deals.

The down payment is still yours in equity and, on this deal, you had nearly an equal amount of equity in the deal that doubled what you would have put in it upfront.Double ... that's 100% (unrealized) ROI before any other cashflow down the road.

Sure you can hold out for loans that you can discount deeply to drive up your yield but just like with real property, while you hold out for a 20% return, there is a guy who will take a 15% and for the record, institutional capital will take an 8% for the same risk most want double digits for.

I know many who charge double that.

@Ronnie SparrowI have run into this before you DON't need realtors involved at all, but you have another big issue to fight.If they are using financing, the bank will not be OK with the double close (not under contract with the owner on file) or an assignment fee on the HUD (obvious reasons).Now, you can attempt to do something on a handshake outside of escrow, but thats at your own risk, and i would still draw up docs.Best bet is to close on the property and immediately put it under contract after closing with your end buyer.